faster way to earn few k with the week is play stocks?

19 replies
:confused:
it seem like this is the most realistic ...able to earn few k in one week

few hundreds even to k within one day depend what stocks you invest?

aka like binary option , etc online stocks platform ..

of course be prepare to lose a lot too?


I curious any one into it?

I do know you can "copy those profitable traders" ..
what they buy or sell ...it will auto...apply on your account..?
#earn #faster #play #stocks #week
  • Profile picture of the author mrgoe
    Not necessarily stocks, but you could try some trades.. if you`re ok with the possibility of losing everything
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  • Profile picture of the author Geeked Labs
    I lived the lifestyle of a stock trader for a few years. It's great, but when you build up wealth trading stocks you're always a few trades away from losing your line, and once your cash falls to a certain extent your lifestyle goes to trash.

    That's what happened to me, and it's why I started business. It's not as fun or quick as stock trading, but the fear of losing everything isn't there.
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    • Profile picture of the author popstocks
      Banned
      Originally Posted by Geeked Labs View Post

      I lived the lifestyle of a stock trader for a few years. It's great, but when you build up wealth trading stocks you're always a few trades away from losing your line, and once your cash falls to a certain extent your lifestyle goes to trash.

      That's what happened to me, and it's why I started business. It's not as fun or quick as stock trading, but the fear of losing everything isn't there.
      Hmmmm how risky were you trading for that?

      If you gamble you have to take money off the table.

      Did you have any real edge or trading technically (i.e no edge.) ?
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  • Profile picture of the author mrgoe
    But on a different note, if you want to cash in some money and you have funds to go in which you can afford losing, then it`s really something to try. But be sure to get out as soon as you have your needed profit.
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  • Profile picture of the author popstocks
    Banned
    Invest longer term in stocks....that's where the big money is. And much better style of life.

    Look at outstanding, younger, life changing companies like TSLA. If you invested anywhere below $50 last year you could have made 400%+ and maybe more to come.

    I have never known a rich short term trader but many longer term investors make millions.
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  • Profile picture of the author popstocks
    Banned
    I knew a Dr. that started with $50K TOOK IT TO $5 MILLION ( 5 YEARS) then lost half of it and quit.

    Everyone else slagged him off for being a reckless gambler I picked his brain about how he did it. It lead me to trade (invest) a different way.

    Big money can be made..and you don't have to sit in front of the computer all day.

    Never look at stocks as a way to make a few $$K extra. Make a few million $$ and then get out. Goal of all business right?
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  • Profile picture of the author webmonopoly
    Do some research on swing trading, you can make some good money quick.
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    • Profile picture of the author popstocks
      Banned
      Originally Posted by webmonopoly View Post

      Do some research on swing trading, you can make some good money quick.
      Crumbs...."do some research on marketing you can make some quick money."

      Posts like this actually hinder people.
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  • Profile picture of the author celente
    i would trade the indexes for profits. less risky and if you know how to swing trade you could make a bloody killing. Not hard to learn, and there are special charts and indicators you can find for free online, that the big guys, funds and managers of institutes look at to make their mind up about buying or selling.

    The thing is people look in the wrong places and have the wrong knowledge on the subject of trading.
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  • Profile picture of the author popstocks
    Banned
    I see a lot of wrong advice here from people that probably tried one style of trading for a few weeks etc....

    Short term trading is much harder to make profits, more stressful, not good lifestyle.

    Do proper research if you really want to get into it. If it's another biz opp, short term money maker (for most people)...do what you want.
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  • Profile picture of the author Marketeranas
    It works great only if you are a action taker and do not afraid to taking risk
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  • Profile picture of the author popstocks
    Banned
    sounds like going to the casino
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  • Profile picture of the author meanshot
    Banned
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    • Profile picture of the author Daddioof4
      My advice to anyone thinking of dabbling in this area is to only play with the money you're comfortable burning. This is not a field for someone to say...I think I'll give this a try.
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  • Profile picture of the author EPoltrack77
    its funny you ask this! When I first got started online I got involved with forex trading and I remember the markets closing Friday evening and I was upset because I forgot to close a trade with just 20 bucks in the account. Well Sunday evening here in the us when the markets opened my account balance was over five hundred.

    Forex is very, very powerful and I played with that full time for probably over two months. Always wanted to go back and maybe now is a good time.

    For me forex and reading the charts is addictive just like setting up campaigns for Internet marketing.
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    • Profile picture of the author my username
      I just wanted to chime in here, and caution anyone reading some of these posts that, in my opinion, give a false or dangerous impression. I have been a full-time trader for some time now, and it is not nearly as easy or lucrative as this post seems to make it out to be.

      The problem being an individual trader is that the market is inherently disadvantageous to them. Consider US equities. At any one time, institutional investors own ~75% of the market, and of the remaining 25%, roughly 20% of that is owned by the top 10% of households by income. This means that most people, in the remaining ~5%, for any trade, are trading AGAINST the most financially-sophisticated people in the business.

      Trading for profit on a CONSISTENT basis is also not nearly as profitable as some claim. If you can consistently achieve a return of ~20%/yr, which is what I aim for, then you are doing very well. Even the best institutional investors don't achieve this. Looking at the performance of ~2000 mutual funds over the past 30 years shows you that, after costs, only 0.6% outperformed the market, and 24% underperformed.

      While there are massive success stories (day traders during the dot com era, people who shorted the market during crashes, etc.), this is certainly not the norm. And while it IS possible to profit from the market, as I have, I leave you as a caution with two reasons why I am quitting trading to start a business, which I didn't anticipate when I first got into this:

      (1) Trading, as an individual, is an incredibly lonely business. You will spend all day by yourself, looking at charts, etc. with really no interaction with others. You WILL become disconnected with the world, in a sense. Of course, you can find some people online to talk with, but most often this will just be some high school kid somewhere who knows nothing.

      (2) Trading can be completely unrewarding. Yes, you can make money, with a lot of work. However, think about what you are doing. You are basically acting as a parasite, siphoning money out of someone else's pocket (typically that other 5% I mentioned), every day. At least for me, I can't go on for another 10 or 20 years, or however long, and look back and realize that I actually didn't contributing anything to society.

      Have you ever heard the phrase that "money can't buy happiness"? I never really put much thought into it before, but in the last few years, I have come to realize that there can be a lot of truth in it.
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  • Profile picture of the author ChrisDouthit
    I am a former professional option market maker and picking winning stocks is always been easy for me. Be smart with your investments and you will usually always make money. The most difficult thing about stocks in my opinion is knowing when to sell.

    I read about binary options and figured it was a scam on some level. I wonder if people actually make money. I do great with stock and options, so I figure I would just stick with that instead of trying my hand at something new.

    I recently decided to try my hand at crypto-currency trading and I have so far lost.

    Although I am always interested in trying new things sticking with what I know and what I know works is probably going to be the best bet.
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  • Profile picture of the author Daniel Szalok
    If you don't know what you're doing, you should stay away from the stock market. I bought my first shares when I was a kid (I was 10 years old, lol), I've been following the Hungarian stock market for 20 years, I have a masters degree in economics, but I still don't have the slightest idea what tomorrow will bring. Seriously, avoid stock markets if you don't want to accept the risk of losing your money.
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